Motor Insurance - Prime Wealth Management

Motor Insurance

Comprehensive and third-party insurance for cars, bikes, and commercial vehicles with easy claim settlement process.

What is Motor Insurance?

Protect your vehicle from accidents, theft, and third-party liabilities with comprehensive coverage.

Drive with Complete Peace of Mind

Motor insurance is a mandatory requirement in India that provides financial protection against physical damage, theft, and third-party liabilities arising from accidents involving your vehicle. It not only safeguards your vehicle but also protects you from legal complications and financial losses.

At Prime Wealth Management, we offer both comprehensive and third-party motor insurance policies for all types of vehicles - cars, bikes, scooters, and commercial vehicles. Our policies are designed to provide maximum coverage at competitive premiums.

"Motor insurance isn't just a legal requirement; it's your financial shield on the road."

With our extensive network of insurance partners, we ensure quick policy issuance, easy renewals, and hassle-free claim settlement. Whether you own a new car or an old bike, we have the right insurance solution for you with add-on covers for enhanced protection.

Motor Insurance

Key Benefits

Discover the advantages of having comprehensive motor insurance.

Legal Compliance

Motor insurance is mandatory under the Motor Vehicles Act, 1988. Our policies ensure you comply with legal requirements and avoid penalties.

Third-Party Liability

Covers legal liabilities arising from injury, death, or property damage caused to third parties in accidents involving your vehicle.

Own Damage Cover

Protects your vehicle against damage from accidents, fire, theft, natural calamities, riots, and terrorist activities.

Personal Accident Cover

Provides compensation for death or permanent disability of the owner-driver due to accidents while driving or traveling in the insured vehicle.

Cashless Repairs

Access to network garages across India for cashless repairs. We settle bills directly with the garage for covered damages.

Quick Claim Settlement

Fast-track claim settlement process with minimal documentation. Most claims are settled within 7 working days.

What's Covered

Our motor insurance policies provide comprehensive protection for various risks.

Accidental Damage
Fire & Explosion
Natural Calamities
Theft & Burglary
Third-Party Liability
Personal Accident Cover
Riots & Strikes
Add-on Covers Available
Motor Insurance Coverage

Motor Insurance Plans

Choose from our range of motor insurance plans for different types of vehicles.

Third-Party Plan

₹2,072*
Per Year

Basic Legal Coverage

  • Mandatory by law
  • Third-party liability cover
  • Personal accident cover
  • No own damage cover
  • For cars up to 1000cc

Comprehensive Plan

₹4,500*
Per Year

Complete Protection

  • Own damage + third party
  • Personal accident cover
  • Natural calamities cover
  • Theft protection
  • For cars up to 1500cc

Two-Wheeler Plan

₹1,200*
Per Year

For Bikes & Scooters

  • Comprehensive coverage
  • Third-party liability
  • Personal accident cover
  • Theft protection
  • For bikes up to 350cc

Frequently Asked Questions

Find answers to common questions about motor insurance.

What is the difference between comprehensive and third-party insurance?

Third-party insurance covers only damage caused to other people and property. Comprehensive insurance covers third-party liabilities plus damage to your own vehicle from accidents, theft, fire, natural calamities, etc.

What is No Claim Bonus (NCB)?

NCB is a discount on premium offered by insurers if no claim is made during the policy year. It starts at 20% for the first claim-free year and can go up to 50% for five consecutive claim-free years.

Can I transfer my NCB to a new vehicle?

Yes, you can transfer your accumulated NCB from your old vehicle to a new one, provided the new policy is purchased within 90 days of selling the old vehicle and the NCB certificate is available.

What documents are required for claim settlement?

Typically required: FIR copy (for theft/accident), driving license, RC copy, insurance policy copy, claim form, repair estimates, and photographs of the damaged vehicle.

Can I get insurance for a commercial vehicle?

Yes, we provide motor insurance for all types of commercial vehicles including trucks, taxis, buses, goods carriers, and commercial three-wheelers with specialized coverage options.

Insure Your Vehicle Today

Don't risk driving without adequate protection. Get a motor insurance policy that keeps you legally compliant and financially protected.

Get Free Quote Call Now: 7979849944